# 115-hr-3886: To amend the Internal Revenue Code of 1986 to increase the unified credit against the estate and gift tax and to simplify the estate and gift tax rates.

115-hr-3886, To amend the Internal Revenue Code of 1986 to increase the unified credit against the estate and gift tax and to simplify the estate and gift tax rates., is a 115th Congress bill sponsored by Rep. Scott, Austin [R-GA-8] (R-GA); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-3886
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-3886
- Congress: 115
- Title: To amend the Internal Revenue Code of 1986 to increase the unified credit against the estate and gift tax and to simplify the estate and gift tax rates.
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2017-09-28
- Sponsor: Rep. Scott, Austin [R-GA-8] (R-GA)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill amends the Internal Revenue Code, with respect to the estate and gift tax, to: (1) increase the basic exclusion amount from $5 million to $50 million; (2) modify the required inflation adjustment for the basic exclusion amount; and (3) replace the existing rate schedule, which ranges from 18% to 40% depending on the amount of the estate or gift, with a single 20% rate.

## Related bills

- 115-hr-7200: Wildfires and Hurricanes Indemnity Program Extension Act of 2018
- 115-hr-7004: Agricultural Trucking Relief Act of 2018
- 115-hr-6992: Protecting and Securing Chemical Facilities from Terrorist Attacks Act of 2018
- 115-hr-6734: Full Military Honors Act of 2018
- 115-hr-6510: Restore Our Parks and Public Lands Act
- 115-hr-6469: Integration of Baseball Commemorative Coin Act

## Sources
- [115-hr-3886 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/3886)

## Related
- [115-hr-7200: Wildfires and Hurricanes Indemnity Program Extension Act of 2018](https://policyrisk.com/legislation/115-hr-7200)
- [115-hr-7004: Agricultural Trucking Relief Act of 2018](https://policyrisk.com/legislation/115-hr-7004)
- [115-hr-6992: Protecting and Securing Chemical Facilities from Terrorist Attacks Act of 2018](https://policyrisk.com/legislation/115-hr-6992)
- [115-hr-6734: Full Military Honors Act of 2018](https://policyrisk.com/legislation/115-hr-6734)
- [115-hr-6510: Restore Our Parks and Public Lands Act](https://policyrisk.com/legislation/115-hr-6510)
- [115-hr-6469: Integration of Baseball Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-6469)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-3886 (as of 2025-11-18).